What is machineLOGIC?
Founded in 2001, machineLOGIC stands as an industry leader and award-winning Managed IT Services Provider. The company specializes in delivering outsourced IT services and cloud solutions tailored for small and mid-sized businesses. Its mPOWER Business Program offers clients proactive IT management, strategic IT consulting, and cloud-enabled solutions, all executed by a team of seasoned and certified professionals. machineLOGIC's market prominence is validated by its consistent recognition in industry publications such as Channel Futures' Annual MSP 501 rankings and CRN Magazine, which have identified it as one of the top performing and innovative Managed Service Providers globally. Furthermore, the company has achieved a spot on Inc5000's Fastest Growing Companies in America list for three consecutive years, highlighting its sustained growth and market impact.
How much funding has machineLOGIC raised?
machineLOGIC has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in machineLOGIC
PPP
Public-Private Partnership
What's next for machineLOGIC?
The substantial capital raised, particularly the recent strategic investment, positions machineLOGIC for accelerated growth and further market penetration. This financing is expected to fuel advancements in its service offerings, potentially expanding its cloud capabilities and enhancing its proactive IT solutions for a broader client base. The company's trajectory suggests a focus on solidifying its leadership in the managed IT services space, possibly through strategic acquisitions or deeper integration of innovative technologies to maintain its competitive edge and continue its impressive growth.
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